12, PORTH WAY, NEWQUAY, TR7 3LP - £250,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 PORTH WAY is a midsized extended detached house of 115m², built sometime between 1930 and 1949, which could now be worth an estimated £392,007. It was last sold for £250,000 in April 2010, which was around 12% below the average April 2010 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2023, where the current energy rating was G, and the potential energy rating was B.

12 PORTH WAY Sold Prices

Land registry data shows three sales for 12 PORTH WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three 12 PORTH WAY sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2010 27 APR	£250,000	£283,160	12% below HPI
2004 10 MAY	£210,000	£239,404	12% below HPI
2002 28 MAR	£120,000	£151,663	21% below HPI

12 PORTH WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The three 12 PORTH WAY sales between March 2002 and April 2010 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2004 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the April 2010 sale, which was also at 12% below the HPI.

What might 12 PORTH WAY be worth now?

12 PORTH WAY might now be worth an estimated £392,007.

This is based on house price inflation of 56.8%, between April 2010 and December 2024, for detached houses, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 56.8% inflationary increase is applied to the most recent sale price for 12 PORTH WAY of £250,000 on 27th April 2010. For the value to have increased from £250,000 to £392,007 over the thirteen years and four months to December 2024, the following assumptions must hold true:

• The value of 12 PORTH WAY has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The April 2010 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 12 PORTH WAY has not materially changed since April 2010.

How Large is 12 PORTH WAY?

12 PORTH WAY is 115m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the largest 50% of detached houses houses in Newquay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newquay, and where 12 PORTH WAY lies on this distribution: 56% of detached houses houses are smaller than 12 PORTH WAY, and 43% of houses are larger. Note that EPC data is not available for all properties in Newquay.

12 PORTH WAY: Plot and Title Map

12 PORTH WAY sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of 12 PORTH WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 12 PORTH WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 12 PORTH WAY?

12 PORTH WAY is located in NEWQUAY, in the TR7 postcode district. The below map shows the position of No. 12 on PORTH WAY.